Clorox technical comments before earningsThe key technical feature on the long-term chart is a potential double top pattern. Price is currently close to the top of the second peak at the $112 area. If the news is bearish, this pattern could become active. The $103.50 area is the approximate midpoint for the pattern. A breakdown below that support would see additional downside objectives at $99.47, $97.01, and $94.97. If the news is instead a bullish surprise, with price so close to the life high at $112.70 we could see a breakout. In that event the potential double top pattern will have been a consolidation range. And based on the height of the range, a move to the $120 area would be possible.